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Bitcoin is stuck between $57.5K and $62K, mainly due to low retail investor demand. Short-term holders are sitting on a resistance level around $64K-$66K, making it hard for Bitcoin to break out. Demand for Bitcoin has dropped significantly since April, with whales and ETFs buying less.
Trump’s odds on Polymarket jumped to 53%, while Kamala Harris is trailing at 46% after a brief surge following Biden’s exit. Trump’s long-standing support for crypto is paying off with strong backing from the crypto community and big donations to his campaign. Kamala Harris isn’t saying much about crypto, and that’s hurting her chances with voters in that space.
Since its debut, Tron-based meme coin deployer SunPump has generated over $1.14 million in revenue.
Spot Bitcoin ETFs have maintained positive flows over the past week. They attracted $39.42 million in net inflows on Wednesday.
Share link:In this post: It took 16 weeks for Anthropic Claude AI mobile app to make $1 million in revenue. The app has failed to make a big impression among users on iOS and Android. AI companies have been burning through cash, but one economist believes the returns are coming.
- 04:50Overview of Important Developments on May 10th at Noon7:00-12:00 Keywords: Pudgy Penguins, Cointelegraph, TRUMP, NODE 1. Pudgy Penguins launches the blockchain game Pengu Clash on the TON platform; 2. TRUMP official: Transferring 3.5 million tokens to CEX to support liquidity; 3. Cointelegraph's official Twitter was hacked and sent direct messages to followers to steal X accounts; 4. U.S. stock Next Technology's share price surged over 700% due to a significant increase in Bitcoin holdings in Q1; 5. VanEck On-Chain Economy ETF (NODE) will officially launch on May 14; 6. TRUMP: Trump will announce the next phase of the TRUMP token on the day of the dinner; 7. Fed's Musalem: Should not commit to rate cuts before the impact of tariffs on inflation becomes clear.
- 04:47Data: A Certain Ethereum Whale Once Lost Over $11 Million, Still Increases ETH HoldingsAccording to ChainCatcher, monitored by Lookonchain, an Ethereum whale investor, despite previously losing over $11 million on ETH, has continued to increase their holdings recently. Three months ago, the investor sold all their ETH at approximately $2,740, incurring a loss of about $11 million. A month ago, they repurchased 2,713 ETH at $1,502 each (approximately $4.07 million). As ETH prices rebounded recently, they doubled down, buying 9,023 ETH at $2,277 each (approximately $20.55 million). The market is currently watching to see if their subsequent actions will reverse the losses.
- 04:47WIF surpasses $0.85, 24-hour increase reaches 26.4%According to Jinse Finance, market data shows that WIF broke through $0.85 and is now reported at $0.834, with a 24-hour increase of 26.4%. The market is highly volatile, so please ensure proper risk management.